November 2016 Macro Data Recap

Chinese inflation indicators picked up in November, driven by rising commodities and raw materials prices, even as industrial production and investment datashowed few changes.  Despite tightening measures in the property sector, most new credit extended last month consisted of mortgage loans. Given sharp declines in foreign exchange reserves in November and the imposition of new capital controls, the pace of outflows  demands closer scrutiny in the coming months.

Posted August 1, 2017
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